Reid Drescher Net Worth

Reid Drescher has an estimated net worth of $20 Million

Reid Drescher Wiki Biography

Reid Drescher, a businessman from New York City, USA, is best known as the CEO of Spencer & Clarke LLC, an investment banking firm that focuses on financial advisory and brokerage services. He is also known as the husband of TV reality star and author Aviva Drescher.

Reid’s net worth is estimated to be as high as $20 million as of mid-2017, earned through his successful career as a businessman.

Reid Drescher Net Worth $20 Million

Reid attended Great Neck North High School, graduating in 1985, and then pursued a Bachelor of Business Administration in management/marketing from the University of Miami, completing it in 1989.

After college, Reid began his career at Wells Fargo, now known as Prudential Securities, and eventually rose to the position of Senior Vice President of Investments. After leaving the firm in 1994, he joined the Paine Webber brokerage company as its Senior Vice President of Investments, where he gained valuable experience for starting his own financial company. In 1997, he founded Spencer & Clarke LLC and has since served as its CEO and President, witnessing the gradual growth of his firm’s size and subsequently, his net worth. His firm now employs over 200 people and specializes in merger and acquisition, debt placement, corporate and financial advisory, private equity, and brokerage services.

Reid has also been the General Managing Partner of Cape One Advisors since 2008, contributing further to his wealth.

On the personal front, Reid is married to Aviva Drescher, and the couple has two children together. Prior to his current marriage, Reid was married and has a daughter from the previous union. Alongside his second wife, Reid has appeared in several reality TV shows, including “The Real Housewives of New York City” (2012-2014), and “Marriage Boot Camp: Reality Stars” in 2015, which have also contributed to his wealth and increased his public exposure, inevitably benefiting his business activities.